RBI announced the incremental CRR requirement for banks after the conclusion of its MPC meeting on August 10
The Reserve Bank of India (RBI) will come out with its next bi-monthly policy review on December 7 at the end of the three-day meeting of the Monetary Policy Committee (MPC) beginning Monday
On November 8, 2016, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to curb black money flows and promote...
According to the schedule released by the RBI on Friday, the first bi-monthly monetary policy of FY2023-24 is scheduled for April 3, 5 and 6; and next will be held during June 6-8
The retail inflation based on CPI has remained above 6 per cent since January 2022, and it was 7.41 per cent in September. The MPC factors in retail inflation while deciding the RBI's bi-monthly monetary policy
While announcing rate hike, Governor Das said, “World has been confronted with one crisis after another while Indian economy remains resilient.”
The Governor also said that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive
The September 2022 round of Inflation Expectations Survey of Households (IESH) aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities
The Reserve Bank on Friday raised the key interest rate by 50 basis points to 5.40 per cent -- the third straight increase since May. With the latest hike, the...
Stating that there are signs that headline inflation, which has breached the 6 per cent upper threshold set for the RBI for six consecutive months, has peaked,...
Amid inflationary pressures remaining high in recent times, the Reserve Bank of India's MPC is moving towards a hawkish stance, with the benchmark interest...
The Reserve Bank has already raised the key policy rate by 90 basis points in May and June to 4.9 per cent to tame high inflation, mainly due to supply...
The central bank also upped the inflation projection to 6.7 per cent while maintaining the growth estimate at 7.2 per cent for the current fiscal.
The CEA said India is right now in a situation where the economy faces a considerable amount of challenges both from global macro monetary policies and...
There are speculations that the central bank may go for at least a 35 basis points (bps) hike over and above the 40 bps hike effected last month after an...
Her comments come days after the MPC, the central bank's rate-setting panel, surprised the markets with a 40 basis points hike in repo rate in an off-cycle...
Surprising everyone, the RBI on Wednesday, hiked the repo rate by 40 basis points(bps). The new repo rate now stands at 4.40 per cent.
The worsening of terms of trade, driven by high commodity prices could have implications for the current account deficit in 2022-23, he said, but it is...
The decision was announced by RBI Governor Shaktikanta Das after an off-cycle meeting of the rate-setting panel -- Monetary Policy Committee (MPC).
The benchmark policy rate (repo) is hiked by 40 bps to 4.4 pc with immediate effect.
This is the first-rate hike since August 2018 and the first instance of the MPC making an unscheduled increase in the repo rate.
MPC, which held its meeting from April 6-8, unanimously decided to keep the borrowing costs unchanged at a record low for the 11th time in a row in a bid to...
The RBI projected growth projection of 7.2 per cent from 7.8 per cent earlier amid volatile crude oil prices and supply chain disruptions due to the ongoing...
